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over at citi, but i would be happy if i were a shareholder. the stock went up on the news. never easy to change your mind. something we're asking of our politicians, they can't do that. but citigroup's management was willing to take the hard medicine for the shareholders. we hear endless negativity about china and europe, but the chinese market last night, it was a gigantic move signifying what might be the beginning of a new growth phase. have you checked european stocks lately? smoke show. hey, even i can get too gloomy. i've been critical of bank of america for its unfathomable top dollar acquisitions, including the ill-timed merrill lynch purchase and the ridiculous countrywide buy. i've chided these guys as being one gigantic law firm with a bank attached. that's how much their earnings have been dependent upon legal obligations. and that's what cuts them. bank of america led the dow today, broke out above $10. a level hasn't been seen in ages as the unsold homes dwindles, i think it probably goes higher. here's the bottom line, listen to me, go ahead, be gloomy, you have every r
this family an extra $70 a month to spend. john is a maintenance man in jersey city, new jersey. >> are you paying any attention to what's going on in washington right now? >> of course. >> reporter: their $50,000 a year income put them almost exactly in the middle of the american household. if it's not extended those $1,035 more. >> do you have room to cut back? >> no. >> reporter: if the tax cut expires paycheck contributions will go from 4.2% to 6.2%. that's $115 billion a year that would go to deficit reduction instead of being pumped into the economy. heidi sherholtz is an economist. >> it's less money for consumers to spend, that means that the demand for business services will drop, who provides goods and services, workers, so employment will fall. >> reporter: those in favor allowing the tax cuts to expire argue money for social security payments has to come from somewhere. although john says that somewhere will mean doing without some of the basics. >> might be a pair of sneakers. >> reporter: might be a jacket. might be those pair of boots that they want to go there and keep warm
in the middle of new york city when sandy hit, like for everyone, it was a different and strange time, but what i got to see was the resiliency and the will of the people of this area to stand up and love each other, to help each other, to rebuild -- this city is a great city. this area is strong. [ applause ] >> when stuff happens, they get back up and they dealt with it you know, as well and as fiercely as it could be dealt with. i just think the humanity of the people that's what overwhelmed me the will of the people was hey, we get knocked down we get back up. new york city and this whole area it's just been an honor to be here during this time period. >> you are the perfect person to be on our show today. not only are raw great american success story you love this country and you are wearing the stars and stripes around your neck and your music is very patriotic. that's why you are always so welcome on "fox & friends" this holiday season especially. billy ray. thanks so much. >> thank you. let's go over to alisyn camerota. >> i'm joined by two people whose lives were turned upside down by
toward really slimming down citi by the new ceo. he has a quote in here saying these actions are logical next steps in citi's transformation and says they're committed to strategy that continues to leverage in the global banking market. if you go through the list of where these jobs are actually coming from, institutional clients group which is investment banking a quarter of the job cuts are going to come from there. my 2013 predictions i said that group would slim down by half. interesting that they are cutting a big chunk of that group. global consumer banking is responsible for 35% of the cuts and then going on through the other business lines like citi holdings, those are responsible for smaller portion of those jobs. citi getting smaller. a billion dollars going to be the pretax charge in the fourth quarter of next year. 11,000 jobs a big move from the new ceo over there. carl? >> all right. thank you very much, kayla. we're reading through the release right now ourselves. big strategic move. >> how many people work at this bank? i feel like they've been firing forever. citi did no
their fights over wages to mcdonald's in new york city. from mickey d's to wal-mart to one of our nation's busiest airports to key shipping ports. big labor is flexing its big muscles after the election and gary b, you say it's a big problem for us, the consumers, how so? >> absolutely, brenda, look, everyone should realize what unions are, unions are a little monopoly in the company and exercising the the monopoly powers, raise the rates and this days the wages for their employees through an unsustainable level. so what the employees have to do is pass those costs on to the consumer. you know, you just have to ask, brenda, where have unions made an industry more competitive? i can think of examples where they haven't, airlines, steel, auto, across the board, governments they put out of business, if even can argue they've made it more competitive. i'd stand upor unions and i can't find an example. >> prices have ge up in all of those industries and you say, fast foods, too cheap? >> yeah, i mean, i'll tell you what, i don't actually believe that we'll see unions at the fast food restaura
] it's tt time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. kelly: wild weather of is threatening millions of people across the country right now. a powerful storm system barreling towards the great plains where some places could see several inches of sleet and snow. in tulsa, oklahoma, a city i love by the way, city officials there are getting the plows and sand ready. in the south residents could see a record-setting day of christmas tornadoes. rick w
to an airport near mexico city. the wreckage is in nuevo leon. more from rafael romo. >> jenni rivera won two billboard music awards and sold more than 50 million records in a career that spanned just over a decade. not only that, she was also an incredible businesswoman. she owned a company that created and marketed her own music. a fragrance, jeans factory and also a -- a company that manufactured and sold some of her products some of she's very well known by mexican americans in the united states and just as popular in mexico. and you can imagine this morning, soledad, many are mourning her loss. >> so true. the kind of music she sings, it's called banda music what is that? >> it's a regional mexican music, heavy on brass. talks about the life of common, regular people. and it was appealing to mexican immigrants, especially in the state of california where she was born, soledad. so incredibly popular and she was known as the diva of banda. she popularized that genre of mexican music. >> sad story. thank you, rafael. appreciate it. >>> john berman back from vacay. welcome back. >> great to
city bombing where 19 children were killed. >>> is president obama's new proposal on the fiscal cliff the deal republicans were looking for? just how close are we now to avoiding those massive across the board tax hikes and mammoth spending cuts? we'll talk about that coming up next. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road sensors will talk to stoplights about traffic efficiency. the ambulance will talk to patient records will talk to doctors about saving lives. it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. the next big thing? we're going to wake the world up. ♪ and watch, with eyes wide, as it gets to work. ♪ cisco. tomorrow starts here. a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain
day here in new york city. a little gray and drizzly. you look at some of the nice folks who have come down one week before christmas to get a look at that beautiful rockefeller center christmas tree. seven days -- well, six, i guess. >> seven. >> to shop? >> i believe so. >> all right. well, let's not have a fight about it. that wouldn't be the christmas spirit. i'm savannah guthrie alongside al roker, david gregory is in for matt, and willie geist. what do we got coming up? >> well, we're going to go back to newtown and talk about the tragedy there. we'll talk to natalie in a few minutes, but also look at some of the gentle acts coming out of there, including some comfort dogs that have been brought in from chicago, just so kids and other people can pet them and feel a little bit better this week. >> we'll talk about the acts of kindness that people are doing as well just ahead in our take three. >> and speaking of take three, jenna bush hager will be joining us. she herself having been a teacher. we'll share some thoughts about that. and then we're going to take a turn toward the ho
. [ malennouncer ] it's tt time of year again. time for citi price rewind because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super arkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewin >> it is causing these extreme weather events. dirty energy causing dirty weather, and we have to come to our senses and do something about it. >> i deeply respect our president, thankful for the steps taken, but we can want have four more years of mentioning this occasionally and say it's too bad the congress can't act. neil: all right, if barack obama thought he was going to get a pass from al goron the global climate change warming, whatever they call it these days, not happening. we are here whether this might make the white house move even more quickly on climate change. melissa, what do you
housing data out tod home prices rose 4.3% in the 12 months ending in october in a 20-city composite, beating analysts' forecasts. it did appear as 12 of the 20 cities in both composites posted monthly declines in october. david blitzer will join us in just a few minutes to go over this data. bottom line here, better than expected. maybe this is enough to keep this sector going. a very strong sector in consumer discretionary overall. home builders have really been a double in 2012. >> it wasn't until the second half of this word that you started hearing the words housing and gdp growth in the same sentence. perhaps the most significant part of the economy for so much of the early parts of the 2000s. we'll see. they do call it a sustained recovery. that is, s&p-case schiller, and the recovery continues to gather strength. >> the best performing sector, though, financials. >> financials, yeah. >> 26% on financials. utilities the only one lower for the year. nine out of ten s&p sectors higher. that doesn't happen a whole lot. >> no. >> when we come back, christmas day may be over, but w
're on our way to the only lgbt synagogue in new york city. we're going to meet in the new building although it hasn't been renovated yet. >> where is this place? >> there we go. >> now what you do by coming together in this fashion is by creating a model for others. so that others will know that it's on your shoulders they get to stand. to live the life of complexity and texture and with all of the messiness that it entails. love is possible. you may kiss each other and break the glass. >> maz he will to have. >> i still feel like me. it meant more than me. a lot of more than i thought it would. it's not for everybody. i promise to still fight to change what marriage is as well as its availability to those who want it. >> decades from now, anybody who is supporting doma will feel like a complete fool. we're very happy that more and more people are finally understanding that you're standing on the wrong side of history to support something that denies people civil rights and we know we'll soon be part of our history. >> to love instead of hate. >> everybody should have the ability to hope fo
an apartment, it was not that valuable. >> it's not practical for a new york city dweller, for instance. >> when you get houses, you see the mexican properties? i'm saying they're going up there. >> oh, really? >> yeah. if anybody wants one. >> available for weekend rental. >> semiautomatic weapon included. >> somebody stole it from me, he thought i was going to stop there, and let hem get away with it, and that's not really my style. >> would you kidnap jim cramer, david? i'm not sure. >> no. >> it would end there. >> it never ends. >> if the guy had done nothing, i would have said fib. but i found him -- no one has seen "taken 2." >> how could you not? what a great franchise. >> i know. >> she's been taken. >> really bad luck. >> when we come back, apple tv, microsoft surface tablets, we'll bring you the latest development regarding both of those. more from the deal book conference in manhattan, including an exclusive with lloyd feinstein. 11:00 a.m. eastern time. hanging on to gains. at the nyse, when we return. can i help you? i heard you guys can ship ground for less than the ups s
crossings here and over here. damascus the capital city is down in this area. it is our understanding that the two batteries the u.s. will send, 400 troops will go along with that, you're talking about an area maybe 60 miles north of the border, said to be defensive measures only. so this goes along with what we've heard from germany and also the netherlands agreeing to send some patriot missile batteries there as well along with troops as well. you're looking about 1200 troops between the three countries. you want to contain it. so far you've been pretty good keeping it within the borders of syria. if it spills over you're looking at area already racked by war for two years. what can happen then? they want to make sure that doesn't. we'll watch that. alisyn: next three weeks obviously will be critical. we're just getting started here. we have a heartbreaking story of heroism linked to the horrible oregon mall shooting. we'll talk about a man who put his own life to try to save another. bill: a former u.s. marine locked up in mexico on what his family call as trumped up charge. the de
there was not a bubble in houston, raleigh, n.c., that winter? -- atlanta? it applied to those cities just as much as san francisco and miami, yet there were bubbles there and no balls in houston, omaha, -- bubbles in houston, ohio, -- global hawk, where have you. host: you conclude the book with "home ownership is not just an american dream, a dream of people all over the world. guest: that is absolutely right. a lot of research has shown that homeownership is one way to help people get out of poverty. if you want to start a small business, it turns out most are started with a loan on a business owner's home. if you want to put your kids through college, you can borrow against your home. homeownership is a way to build wealth. yet we have government saying we should get more people into apartments, fewer people into cinder the -- single-family homes. host: what is the track over last -- >> 8-to-10 years? guest: if we get rid of land use restrictions, i am optimistic, but if we do not, housing prices will go what, then we will be poised for another big financial crisis. host: john joins us from michigan.
'malley with the insistence we were ready -- we were ready and resilient. we all said -- punishment on ocean city. that protected $2 billion worth of property because we spend public money to protect private property. that worked. but now we're in to the recovery phase and this, and the response was great. we had heroic people. we were hit by a hurricane, on the shore and coming up our bay all the way to the inner harbor of the port of baltimore and hit by the blizzard in the western part of our state, which is the appalachians. we needed the national guard to respond. we had state troopers and other emergency responders on snow mobiles going in to take care of the elderly and get them out to safety. we did all of that. so now here we are. and now i'm going to just quick word about the shore. you heard what they said. [inaudible] rich in tradition and pride. hard working in -- [inaudible] hit by diesel fuel hit by what they consider unfair government. cash poor, community spirit, my question, and unemployment rate in that area that is in among the highest in the state, think of boot more baltimor
: police set up triage tents outside the mall's century city theater, bringing back memories of the shooting this summer at the chain's denver area theater. shopper christina fisher says the shooting started near the foot court. >> i heard something similar to a 22 popping, probably eight times. and people dropping everywhere. people screaming. then people just turned and started running in terror. >> reporter: police confirmed at least one dead. they said that the gunman was, quote, neutralized. john blackstone, cbs news, san francisco. >> we now return to scott pelley in washington. >> pelley: organized labor suffered a defeat today. michigan, the birthplace of the united auto workers, became the 24th right to work state. that means workers cannot be forced to join a union or pay union dues to get a job. the law was passed today by the republican legislature and signed by the governor. elaine quijano is in lancing for us tonight. >> right to work has got to go! >> reporter: union members from across michigan and other states voiced their anger at the michigan capital. mike
, in connecticut is about 60 miles from new york city. it's a town of less than 30,000 people. so small community and a small elementary school at that we're trying to work on details what actually transpired this morning but according to the latest, we have unconfirmed report from the local paper, the courrant, there are two shooters being reported. one shooter is dead according to this report. another one is still on the loose. again very spotty reporting at this time. we're working very hard to get someone on the scene there. you're looking at a satellite shot of this elementary school. again a very developing scene there shortly after 9:40 this morning according to the local newspaper. police reported a shooter was in the main office of the school. a person in one room according to police and according to this local report had numerous gunshot wound. working to confirm this. we have a someone from sanford, connecticut. veto, how do we find answers to the questions? >> you have a lot going on here, one of the main concerns police have you have every single parent with a child in this school tr
the term "super bowl"? denver broncos, dallas cowboys, kansas city chiefs, new york jets. >> i knew i was going to get a football question, and i don't know anything about football. meredith: hmm. well, you could jump it or ask the audience if you really have no idea. >> i know what the super bowl is. [laughter] ha ha! meredith: well, that's a start. >> that's a start. ha ha ha! but i think i'm gonna have to jump this question. meredith: ok, question is out of play. you don't have to answer it. let's see the rightsy chiefs. let's see what you jumped over. [audience groans] >> it's ok. meredith: all right. deep breath. >> deep breath. ha ha! meredith: that's always disappointing, but the good news is, by taking that jump, you are one step closer to the million dollars, 9 questions away. still got some big money left on that board, too. "anthems 101" is your category. what is the only color mentioned in the first stanza of "the star-spangled banner"? blue, white, red, green. >> i'm singing the song in my head. the--and i won't sing it to you guys. sorry. ha ha ha! i'm gonna go with b--w
be careful on the roadways. snow showers and flurries could make it into the boston and new york city area but the i-95 corridor is not expecting any accumulation. enjoy the quiet weather because monday and tuesday forks christmas day, messy weather across portions of the northeast. first out west, this is where we have a storm picking the region right now with strong winds, the lower elevation rain and we're talking feet of snow across the sierra. good news for anyone wanting to do skiing but if you are doing traveling out on the roadways on interstate 5 or parents we're talking about delays possible not just for today but even as we head into tomorrow with yet again another area of low pressure. it will be producing more snow, more rain and more strong winds across the west. big issues along west coast but tomorrow, we'll start to see rain in the southeast spreading into tennessee and ohio valley. by monday, christmas eve the northeast dealing with more rain and some of you will be cold enough for snow, temperatures, 31 in cleveland and 32 in chicago and 27 in the city of minneapolis. he
this weekend. >> the new york city's children's chorus opened the show singing "silent night." ♪ silent night holy night ♪ ♪ all is calm all is bright ♪ ♪ round yon virgin mother and child ♪ >>> and coming up, a cnn exclusive. we're going to hear from the family of the sandy hook elementary principal who lost her life trying to confront a killer. [ female announcer ] born from the naturally sweet monk fruit, something this delicious could only come from nature. now from the maker of splenda sweeteners, discover nectresse. the only 100% natural, no-calorie sweetener made from the goodness of fruit. the rich, sweet taste of sugar. nothing artificial. ♪ it's all that sweet ever needs to be. new nectresse. sweetness naturally. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. >>> welcome back to this special edition of "early start" this morning from newtown, connecticut. she was
. [applause] >> now that that the turnpike extends past the city to the airport, any thoughts about revising the song? >> you mean the turnpike no longer ends in boston, it goes all the way to summer set, no. what town is the airport in? >> that's got a ring to it but it doesn't rhyme. that's the thing is the internal rhyme. that song has four rhyming schemes going at once. it's got to be boston unless they take it to aust tin texas. [applause] >> i want to thank all of you for joining us this afternoon. i want to remind you of our next lunch on december 18, we have leon panetta, i'm sure if you have some advice on how to stolve fiscal cliff i'm sure heed like to hear that. >> while you are writing your next song i'd like to present you with your coffee mug. it might give you some inspiration. >> thank you so much. [applause] >> i want to thank the national press club staff including the journalism broadcast center for organizing today's event. and i was wondering if you had one last song you'd like to sing us out on. >> [applause] >> can she borrow your stool? >> this is my wife kim and her
's 1994 levels. >> that's a big part of morgan stanley's call on citi today. from overweight to equal weight. consumer deleveraging in their view coming to an end. and the more clarity on regulations. we are exiting this really weird period of uncertainty. rules come into focus. and if these consumer balance sheet numbers are right. next year could look different, jim. >> yes. there are a lot of assets -- look, a lot of bad loans that are becoming good loans. citi was always relatively opaque. i tried many, many times to penetrate citi holdings, which is the legacy of the core running it now. it may be good. i mean, pandit always promised me the money in holdings was money good. if you go to the book value of companies like morgan stanley, 9% of book -- i mean, in other words, what i'm saying is, xlf, look out. 14 to 16 from june to now. but it could go back to a much higher level. >> you wonder about the nominations to treasury, good time to get out of the business. righting the ship, moving on to something else? >> elizabeth arden, now senator-elect on the banking committee, has alw
, neighbors, community members, city leaders, leaders of our country, the mayor, and other special guests. i have the honor of introducing my friend and our champion, secretary of education arne duncan. give him a hand. [applause] since he came to washington with president obama in 2009, he has been a forward thinking and caring supporter of the district. to the teachers and principals of this city in this country. he has helped secure millions of dollars in funding. they helped shape innovative policies, all across the country. he is a true leader, not just in time for celebration, but in times of tragedy and sorrow. yesterday, he attended the funeral of the principle of sandy hook elementary school that lost her life protecting the children of the school. ladies and gentlemen, i am proud, thankful, and privileged to introduce arne duncan. [applause] >> i want to thank the children for their fantastic support. please give a round of applause for the work she is doing. [applause] i think she is an amazing leader, and d.c. has come a long way and has a long way to go. with her passion in her
. nothing to stop the epidemic of senseless gun violence that plague not only our major cities like new york and chicago, but countless small towns throughout our nation, towns with names like newtown, aurora, tucson, dekalb, blacksburg and littleton. in the years i have been a member of this body, this house has not held a single hearing, not one to address gun violence. while over 30,000 americans die each year from gun violence, over 400 lives have been lost by gun violence in my hometown of chicago, people are dying every day. . we in this body are afraid to talk about it. the time has come for us to stop listening to the gun lobby and start listening to the american people. the fact is the majority of americans gun owning and not, desire commonsense, reasonable gun regulation. congress must no longer stand in the way of reasonable legislation, instead we must champion it. the american people want to see background checks required on all firearm purchases instead of the fractions of sales that get done today. 408% of u.s. gun sales are by private sellers who are not required to perform b
mayor of kansas city, missouri, but he's also an ordained methodist pastor. pastor cleaver is frequently called upon for words to deliver at my whip meeting on thursday mornings. i have said they are the highlight of our week, in many respects. emanuel cleaver speaks to us about humanity, about caring, about respecting each of our colleagues on either side of the aisle, of respecting and honoring our responsibilities to our fellow citizens. in short, emanuel cleaver on a weekly basis appeals to the best that is within us, to reflect the best that is america. emanuel cleaver will shortly be succeeded as president of the c.b.c. by marcia fudge from ohio. like emanuel cleaver, a leader of conscience, a leader of great ability and a leader who will reach out to all of us as well and continue to lead this organization that we know is the conscience of the congress. as we talk about creating jobs, as we talk about caring for one another, as we talk about makinging life better for all americans, there is no more compelling voice than the congressional black caucus towards that end. and there ha
...try kids boxes! time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> 47 minutes after the hour right now. a perfect time for a look at the top stories. >>> police don't know why 22-year-old jacob roberts killed two people in a mall on tuesday. an ex-girlfriend said the sandwich clerk claimed he was quitting his job and moving to hawaii. and an update on the 15-year-old girl who was shot in the chest. she is in stable condition and is expected to recover after undergoing surgery. >>> california governor jerry brown is being treated for prostate cancer. his doctors say his prognosis is excellent. brown was what doctors call early stage localized prostate cancer. he is being t
. if you punish them there would not be a business tomorrow, city branch paid a huge fine, that is a quarter worth of money for them. it is not having a big impact, it is basically i'll write the check for being a bad boy and be on my way. neil: all right, thank you. next, halftime, full threat else, you do want to see john's tobacco go full throttle. you do not want to see john angry. something just got john veryrag angry. neil: halftime full throttle. john mccain is upet that senate is rushing through sandy aid mill. we first brought this to your attendtion last week, setting aside money in the 60 billion sandy helper for folks who do not real need the help. not courtesy of sandy. money for a new roof at the smithsonian in washington, d.c. that was in bad shape even before sandy. that is the kind of stuff this irks mccain, this is taking good money, and taxpayers po who for2whofork it over on a good r. and you remembe these guys, helpers patting each other on the back. >> we're pleased that under leadership of janet napolitano and fema. >> fema has been fantastic. >> you
of newtown, connecticut, 60 miles outside of new york city right now working through it together. ali? >> reporter: one of the things that's going to happen, we are going to hear the names. there's a lot of effort to find out who the victims were. police are saying very clearly, this was a real difficult task to identify. they had tentative identifications on everybody by last night. they wanted positive identifications and were not going to let their kids, they were not going to let the parents into the school to see their kids in that situation. so we are waiting for that momentarily. the parents know who their kids are, obviously, the children didn't come home last night. the bodies are still in the building, and that's an active crime scene, but there's also another active crime scene in this city, john. >> reporter: the one name police already released is adam lanza. he carried out the attack on the elementary school. when they arrived at his home, they made a startling discovery. mary snow is at lanza's home. mary, what did police find there? >> reporter: john, police found the
of the southwest and others show that this has blighted development in our towns and cities. the proposal for my colleagues, that we create a long grace. for newly completed buildings, it is a sensible one. and we will introduce it next october. the previous government also plans to increase the small companies tax rates 22%, and we have cut it to 20%. unlike the small and medium-size firms, i want to thank my honorable friend for their help in this area. starting on the first of january and for the next two years. i am therefore going to increase by 10 fold in the annual investment allowance in machinery. instead of 25,000 pounds worth of investment being eligible for 100% relief, 250,000 pounds are not qualified. [cheers] this capital loans will cover cover the total investment undertaken by 99% of all of the business in britain. it is a huge thing to all those who run the business to aspire to grow and expand and create jobs. mr. speaker, i also want britain to have the most competitive tax regime of any major economy in the world. i have already cut the main rates from 20% to 24%, and is exp
share while they were waiting for that i5 to come out. and citi research has downgraded apple from a hold to a buy. you can see there just below $500. >>> also, the national association for business economics growth in 2013 to come in at 2.1% after growing by 2.2% in 2012. that would continue the same tepid growth that the country has seen since the recession ended back in mid 2009. >>> and the nation is mourning the horrific event of friday in newtown, connecticut. president obama spoke last night about change. >> we can't kol rate this any more. these tragedies must end. and to end them, we must change. we will be told that the causes of such violence are complex, and that is true. no single law, no set of laws can eliminate evil from the world or event every senseless act of violence in our society. >>> and earlier in the day, new york city mayor michael bloomberg called on the president to lead the nation on the issue of gun control. >> it's time for the president, i think, to stand up and lead and tell this country what we should do. not go to congress and say, what you guys w
. but found there were few total cancers. the study done by the city's health department is largest done. >> steve: police are still searching for a yet to be relieved version. stolen from a car in fran last month. they caught the suspects breaking in the car and stealing the hard drive. and police arrested them and found the loot of the stolen good did not find the movie. >> gretchen: no one saw it coming, notine the conductor. that looks like something you will see in universal studios it knocked the freight train right off of the trackings 7 cars were derailed and no one was hurt. >> gretchen: why were they taking a picture of the top of the hill. >> brian: i am not sure. look at the weather. right here muchment in the central plain states. cusee the activity in kansas and oklahoma and texas. that over the next couple of days is going to develop in a full bloin blizzard believe it or not all the way from portions of colorado through kansas, nebraska and iowa and michigan and will have inch or two and some spots with a foot and half and going to be heavy and heavy wippeds and rains and
.c.'s mayor and city council. next major tax break, state and local taxes. deductible in full from taxable income. this costs the federal government about $47 billion a year, almost 5% of the annual deficit. so what's the objection to getting rid of the state and local tax deduction? >> the deductions for state and local taxes lowers the cost the citizens are paying those state and local taxes. it means those governments can charge higher tax than they otherwise would. take that away they'll have to lower their revenues at a time when they're in trouble themselves or it's going raise the cost to the citizens who won't be happy about it. >> reporter: as lawmakers rush to rescue the economy from the fiscal cliff emergency, they have focused -- as have we thus far -- on itemized deductions. but when it comes to tax breaks or preferences, says robert... >> not just deductions. it includes things like exclusion from income, the biggest one of which is the we don't tax you on the premiums your employer pays for the health insurance we get. much bigger than anything on the deduction side. it's no
, the street was abuzz with activity. hoboken city police, jersey city police, bomb squad representatives and the fbi. the reason was they were going into the apartment of ryan lanza who is the brother of the shooter, the suspected shooter adam lanza. apparently adam had his brother's i.d. on him when he went into the school and conducted the shooting. so authorities went right to ryan's apartment in hoboken, took him into custody briefly for questioning also questioned some friends who may have lived with him there. it was just a confusing situation. they removed some materials from that apartment trying to piece together exactly what happened. as the night wore on, the police presence became less and less, i think as they gathered more information and realized that may not have been the center of their interests, shall we say going forward. i'm standing in front of ali, also i should mention the st. rose church of lima where last night there was that candle light vigil. you walk inside the church here and there are two poster boards where people have already posted dozens and dozens of
they would pick. >> my person of the year is lawrence diprimo, the new york city policeman who bought a pair of shoes for a man with bare feet on a freezing cold day. he reminds us of how important random acts of kindness are. >> president obama, because we're facing some of the biggest challenges in his ability to unify the country or not. it's going to make all the difference in the world. >> the latino american will be the largest minority in this country by year 2020. you cannot win an election in this country anymore without the latino-american. >> the unemployed american worker. just about every single aspect of the president's domestic agenda will deal with unemployment and that group of unemployed voters. >> malala. you have this 15-year-old girl really right in the heart of darkness. as a beacon of light. >> my choice for person of the year is aung san suu kyi. >> curiosity, the mars rover, not just because we are distantly related. >> hillary clinton. she has worked extremely hard and effectively to maintain a sense of calmness and good will around the world. >> i am going to go wi
and get you out the door. it's cold in the burbs, nice in the city, similar to yesterday morning. you can bring that winter coat and gloves with you, and that will be about it. later this afternoon with a ton of sunshine. temperatures once again get into the 40s. even in areas of the suburbs, we should be at least low to mid-40s. so a very nice december thursday afternoon. let's talk about boston. you're one area that's snow starved. it doesn't look like any is headed your way with temperatures for highs in the 40s right through sunday and monday. this next storm should primarily be rain for you. you may get a little mix on sunday, but i don't think it's going to accumulate. we'll have to watch that football game sunday night, too, with the patriots and the 49ers. temperatures across the middle of the country looking a little bit on the cool side, but a lot better than it was. what a beautiful forecast. look at kansas city today. you're back up to 55. dallas at 61. only the southwest, los angeles to phoenix, could have some showers, maybe a stray thunderstorm. but for all your travel plan
you with the new york city children's chorus. they opened the show with silent night. "round yon virgin mother and child ♪ ♪ holy infant so tender and mild ♪ ♪ sleep in heavenly peace sleep in heavenly peace ♪ with a select terrain dial that adjusts the jeep grand cherokee's performance for specific weather and road conditions... ♪ ...even heavy snowstorms... won't keep you from getting to work. our apologies. ♪ a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. celebrex can be taken with or without food. and it's not a narcotic. you and your doctor should balance the benefits with the risks. all prescription nsaids, like c
'll have a moment of silence in newtown in cities across america and around the world. the beautiful church bells will toll for all of the victims of the horrific shooting here. the governor here has asked for this to be a day of mourning, we can't understand what these families are going through, but we want to stand near them. president obama will also observe the moment of silence, and governors from at least 28 states have asked all of their residents to do the same. john, we'll bring that moment live on cnn, but the president has shifted to focus additionally on gun control in this country. that debate raging in the wake of this tragedy. the white house releasing a video from the president, just this morning. the president acknowledging that he is a supporter of the second amendment, the right to bear arms, saying that most gun owners are indeed responsible. but also making very clear where he draws the line. >> here is what i think we should do. this week, i called on congress to take up and pass common sense legislation, that has the support of the majority of the american people, in
for children, a city, a country at war with itself. what kind of things are these little girls seeing beyond the school gates? >> translator: we as educators don't support one side or the other. our concern is for the child to learn. so we keep the school open and help with their fears. we can't do as much as before, but the key thing is to try to deal with their anxiety. >> reporter: up, down, left, right, two, three, four. out in the playground it's a p-e lesson. exercises including running to the wall, touching it and running back. here, the running's for fun, but beyond the school walls, a shell or mortar can land anywhere any time, running could be a matter of life and death. for obvious reasons the killing of small children and teachers in and around school buildings is pretty near the top of the news agenda at the moment. so it is in this educational district and the one next door alone in the past two weeks, 35 small children and two teach verse been killed. the security building next to the school was car bombed recently, leaving a staff candid about the problems they face here. >>
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